Sunday, February 25, 2024

#MWC24 video: Nvidia finds that telcos are increasing AI budgets

Check out complete MWC Barcelona 2024 Showcase at: https://ngi.fyi/mwc24yt

To get a handle on how AI is impacting the telecoms sector, check out NVIDIA's newly released survey of over 300 operators. Chris Penrose, Global Head Business Development - Telco from NVIDIA, provides some highlights:

  • He discusses the key findings from NVIDIA's second annual AI and Telecom report, highlighting the growing importance of AI in the telecom sector. 
  • Chris reveals that 56% of telecom companies believe AI is crucial for their future success, a significant increase from 42% last year. 
  • He also shares that 53% of respondents see AI as a source of competitive advantage, indicating how telecom companies are leveraging this technology to transform their operations and create new revenue streams. 
  • Critically, Chris mentions that 66% of telecom companies plan to increase their budget for AI infrastructure, showing a strong commitment to harnessing the power of AI in 2024. 


https://youtu.be/wzHUvKAv95A

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